Athens to send draft budget to Brussels after talks with IMF on pensions

EconomyProgramme Tags: Budget, EC, Eurogroup, IMF, MoF

The Greek government is expected to submit to the European Commission a version of its 2019 budget that is along the lines of the draft plan submitted to Greek Parliament on October 1, which includes a scenario in which the 1 percent of GDP in pension cuts agreed with the institutions are applied and one in which they are not.

According to the latest reports, and contrary to earlier coverage, Athens has decided to stick with the formula it followed earlier this month and not send the budget with the pension cuts removed completely. One of the two scenarios in the economic pla...

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